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Tag: Malaysia

Posted on August 23, 2025

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims

JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Friday. The settlement …
Posted on August 23, 2025

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB claims

JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Friday. The settlement …
Posted on August 23, 2025

JPMorgan’s $330M payout to Malaysia explained: inside the 1MDB settlement

JPMorgan Chase has agreed to pay $330 million (about RM1.4 billion) to Malaysia, a deal that closes out the bank’s long-running dispute over its role in the 1MDB scandal. The announcement came on …
Posted on August 23, 2025

JPMorgan pays $330M to settle Malaysian 1MDB fund scandal claims

Malaysian officials accused the bank of processing $800 million in suspicious transfers from the 1MDB state fund to a bogus business partnership.
Posted on August 23, 2025

Malaysia inflation up 1.2% in July

Malaysia’s inflation increased by 1.2 per cent to 134.7 in July 2025 from 133.1 in the same month last year, according to the Department of Statistics Malaysia (DOSM).
Posted on August 23, 2025

JPMorgan to Pay $330 Million Over 1MDB Transactions

The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.
Posted on August 20, 2025

Malaysia vehicle market falls 5% in July

Malaysia’s new vehicle market shrank by almost 5% to 70,057 units in July 2025, down from 73,501 units a year earlier, according to registration data released by the Malaysian Automotive Association …
Posted on August 20, 2025

ASEAN Islamic finance industry to cross $1t in 2026

Assets are concentrated in Malaysia, Indonesia, and Brunei with limited presence in other markets. ASEAN’s Islamic finance industry is expected to cross US$1t by end-2026, after reaching nearly $950b …
Posted on August 19, 2025

Why Malaysia’s industrial property sector remains resilient amidst supply chain shifts

The country proves to be an attractive destination for exporters and manufacturers. Malaysia’s logistics and industrial property sector had a steady momentum amid shifting regional supply chain …

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Posted on August 19, 2025

Proton launches e.MAS 7 EV in Nepal, strengthens partnership with Jagdamba Motors

PROTON Malaysia and Jagdamba Motors have deepened their partnership with the launch of the Proton e.MAS 7, Malaysia’s first locally developed electric vehicle, unveiled in Kathmandu by PROTON CEO Dr.

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